Blockchain technology could make cross-border trades faster in the future. Fourteen banks, which include the likes of Barclays Plc, Credit Suisse Group AG, and Mitsubishi UFG, have poured $63.2 million into a new venture to develop a utility settlement coin (USC) that will enable settlement of financial services transactions across trades, reports the Wall Street Journal. The new company is called Fnality and is already … Continue reading 14 Banks Invest In Blockchain for Cross-Border Transfers